Pinnacle Classical Academy

Analysis

Pinnacle Classical Academy is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pinnacle Classical Academy reported income of $739k and spending of $409k, leaving 45% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $225k to $739k (+229%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 100%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pinnacle Classical Academy sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within AR. Charities of a similar size with the same main cause include Banff Centre Foundation ($739k), Gay Straight Alliance for Safeschools Incorporated ($739k) and Idaho Learning Center ($739k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $102k (25% of expenses). Other salaries and wages came to $238k. At year end it held assets of $477k against liabilities of $11k, net assets of $466k. It reported 13 employees.